Goldman Sachs raised its 12-month target price for the Stoxx Europe 600 index to 695 points from 660 points.

Market pricing shows the probability that the Fed will deliver more than one rate hike before mid-2027 has declined.

Key News 1. The People's Bank of China: Conducted 1 trillion yuan of outright reverse repurchase operations on August 14. 2. Unitree Automation: Online investors abandoned subscriptions for 8,734 shares. 3. The Ministry of Commerce: Continued to impose anti-dumping duties on imported single-mode optical fiber originating from India. Individual Stock News 1. SMIC's Q2 net profit nearly quadrupled year-on-year, with gross profit margin rising to 25.3%. 2. InnoLight Technology: Plans to acquire 10.47% of Beijing Zhongshi Weiye Technology Co., Ltd. for 1.747 billion yuan. The latter is engaged in the research and development of high-performance thermal conductive materials and EMI shielding materials. 3. Sugon: Net profit for the first half of 2026 was 978 million yuan, a year-on-year increase of 34.19%. 4. Hygon Information: Net profit for the first half of the year increased by 49.69% year-on-year, driven by continued growth in demand for domestically produced high-end chips. 5. China Mobile: Net profit for the first half of the year decreased by 6.3% year-on-year, with communication services facing pressure. 6. Longcheer Technology: Plans to acquire an 80% stake in Anruike for 1.12 billion yuan, entering the data center infrastructure field. 7. Hengtong Shares: Plans to raise no more than 3.6 billion yuan through a private placement for projects such as high-end copper foil. 8. Honghe Technology: Terminated its investment in a project to develop and produce 72 million meters of high-performance electronic-grade glass fiber cloth annually. 9. Jereh Group: Net profit in the first half of the year decreased by 3.65% year-on-year, with geopolitical conflicts causing delays in the delivery of oil and gas engineering projects. 10. Huahong Grace Semiconductor: Sales revenue in Q2 2026 reached a record high, with stand-alone and embedded non-volatile memory products performing particularly well. 11. Qin'an Shares (5 consecutive daily limit-up moves): Its main business does not involve the production and manufacturing of humanoid robots and spare parts. 12. Fusai Technology: Robot component products are in the early stages of R&D, small-batch trial production, and sampling.